Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) Short Interest Update

Cambria Large Cap Shareholder Yield ETF (BATS:LYLD) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 1,747 shares, a growth of 113.3% from the May 14th total of 819 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 829 shares, the short-interest ratio is currently 2.1 days.

Hedge Funds Weigh In On Cambria Large Cap Shareholder Yield ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Kesler Norman & Wride LLC boosted its stake in Cambria Large Cap Shareholder Yield ETF by 10.2% in the 4th quarter. Kesler Norman & Wride LLC now owns 20,162 shares of the company’s stock valued at $561,000 after buying an additional 1,868 shares in the last quarter. Cambria Investment Management L.P. raised its stake in Cambria Large Cap Shareholder Yield ETF by 1.9% during the third quarter. Cambria Investment Management L.P. now owns 109,525 shares of the company’s stock worth $2,900,000 after acquiring an additional 2,082 shares in the last quarter. Finally, Betterment LLC acquired a new position in Cambria Large Cap Shareholder Yield ETF during the second quarter worth $490,000.

Cambria Large Cap Shareholder Yield ETF Price Performance

Shares of BATS:LYLD opened at $30.72 on Friday. The stock’s 50 day moving average price is $29.85 and its 200 day moving average price is $29.19. The stock has a market cap of $5.38 million and a price-to-earnings ratio of 12.86. Cambria Large Cap Shareholder Yield ETF has a 12 month low of $25.63 and a 12 month high of $30.72.

About Cambria Large Cap Shareholder Yield ETF

The Cambria Large Cap Shareholder Yield ETF (LYLD) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks total returns by actively managing a portfolio of large-cap US stocks. The fund employs a quantitatively driven strategy that focuses on capital returns through dividends, buybacks, and debt reduction. LYLD was launched on Jul 12, 2024 and is issued by Cambria.